This compound is widely used in the formulation of liposomes and other lipid-based drug delivery systems due to its ability to mimic natural cell membranes. It enhances the stability and bioavailability of encapsulated drugs, making it valuable in targeted therapy and controlled release applications. Additionally, it is utilized in research studies involving membrane biology and biophysics to understand lipid-protein interactions and membrane dynamics. Its role in promoting cellular uptake and improving the efficacy of therapeutic agents has also been explored in various biomedical applications.